Somalia is negotiating to receive grants worth about $300 million per year for the next three years

Finance Minister Abdirahman Duale Beileh said he was heartened by progress made during discussions with officials from the United States, Somalia's biggest creditor, Britain, and others during the IMF/World Bank annual meetings this past week.

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Al-Shabab in Somalia run a tax system Via Hormuud Telecom - UN Report

Report says Al Shabab militants run tax system to rival Somalia's federal government

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Taaj express became great opportunity for Al Shabab which easily receives money from abroad.

Taaj Money transfer which has been established few years back became the fastest remittance company in the Somali Hawala market. It has been designed in a way the money is sent through MMT known as EVC+, Saad Service and Sahal Service, that means you'll receive your money on your mobile phone if…

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Somalia:Hormuud Telecom censure tous les sites Web publiant les liens entre Ilhan Omar

Afrique de l'Est : Hormuud Telecom censure tous les sites Web publiant les liens entre Ilhan Omar, les sociétés de télécommunication somaliennes et Al-shabab.

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Somalia: Al-Shabaab appoints Secretary of Finance - Hormuud Telecom Operation Manager

Al-Shabab Appoints well known person to the position of secretary of finance.

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Somalia:Al-Shabab Appoints secretary of finance Abdikariim Kaariye Hormuud Telecom.


Al-Shabab Officials say after a long brawl within the terrorist they agreed to appoint Mr Abdikarim Mohamed Kariye as their finance secretary. Mr Kaariye is Duduble clan, Mohamed Amal Sub-clan, Rer Dehey Sub-sub-clan.

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IMF Flawed Approach to Somalia Masks Deep Governance Failure

Somalia, after 20 years of statebuilding efforts, is precipitously descending again into deep civil strife because of autocratic, corrupt, incompetent, divisive, hypocritical federal leaders more than any other factor. Today Somalia experiences the authoritarianism that Nicholas Kayser-Bril described…

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Hormuud Telecom blocks internet access from timesofIsrael.com, Canadafreepress.com and Sunatimes.com

East Africa: Hormuud Telecom censors all websites that publish links between Ilhan Omar, Somali telecommunication companies and Al-Shabab.

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Somalia:Risk of terrorism financing through mobile money- Hormuud Telesom and Golis ?

-Risk of terrorism financing through mobile money: Al-Shabaab can finance its terrorist activities due to the lack of regulation on mobile money transfers. - Risk of money laundering through mobile money: Money launderers can use mobile money, as they can multiply mobile money accounts without giving…

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How mobile money works in Somalia -Al-Barakaat Group Hormuud Telesom Golis

The launch of mobile money services 12. From 2002 until mid 2009, the company has been only providing GSM services, fixed line and internet services. In 2009, Al Barakat Telecom (also known as Telesom, Golis or Hormuud) launched ZAAD Service the country's first mobile money service. In Puntland,…

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Somalia:Terrorist Financing, Money Laundering, Fraud & Inflation Mobile Money.

1.Three companies dominate the entire telecommunication industry across Somalia especially the GSM sector. They are Somaliland Telesom(Telesom Company), Puntland Golis (Golis Tele-com), and SC Somalia's Hormuud (Hormuud Telecom). Each individual company is specifically dominant in its geographic…

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Somalia:Hormuud telecom largest shareholder as a prominent member of Al-shabaab -UN Report

The Dark Side of Al-Barakat Mobile Money Services. Many individuals and organizations have written about Somalia Mobile Money Services (also knowns ZAAD Service) which the three leading companies of the telecommunication industry in Somalia(Telesom, Golis and Hormuud) provide. How ever, all existing…

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Somalia auditor general slams government finances

Sunatimes.com -The Somali government is keeping some donor funds offshore and none of the ministries have completed last year's accounts, the auditor general said in a report published on Wednesday.

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SOMALIA:TIME TO REMEMBER PRINCIPLES OF DIALECTICS

Due to Somalia's ongoing political conflict, it is better sometimes to go back, and remember a concept of dialectics which is rooted in the ordinary practice of a dialogue between two factions and/or political opponents, each of whom holds a different view and wishes to persuade the other of their…

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After embrace of war criminals, time to cut off Somalia

The annual U.N. General Assembly is an orgy of symbolism. Who meets whom on the sidelines? Who tried but failed to secure a meeting with the U.S. president? Who walks out of whose speech? Whom do security officers intercept when they try to exceed the permissions of their visa?

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Somalia:Taaj Express report of terrorism and its black market ?

Sunatimes.com - Taaj Money transfer which has been established few years back became the fastest remittance company in the Somali Hawala market. It has been designed in a way the money is sent through MMT known as EVC+, Saad Service and Sahal Service, that means you'll receive your money on your…

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Qatar fuels chaos in Somalia - Farmajo,refused to accept the results of Jubbaland election

Sunatimes.com - Qatar's interference in Somalia threatens a civil war, since Jubaland election results confused Hamadeen.

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Kenya:Hormuud Telecom was Involved in Dusit D2 Terrorist Attack

Hormuud Telecom Destroys 13th Kenya's Safaricom BTS Mast Site, was Involved in Dusit D2 Terrorist Attack. Somalia's telecommunications company Hormuud Telecom, followed through its threat of settling scores after its base station (BTS) in Gedo was destroyed by ordering the destruction of the…

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Challenges to Ethiopia's Regional Ambitions

Sunatimes.com - The Maekelawi prison had a history of torture and repression until it was officially closed on 7 April 2018. Prime Minister Abiy Ahmed's decision to open it to the public, was praised by human rights organisations as the next step towards political liberalisation. The timing, however,…

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Somalia and China MOU Tuna Agreement ended up Corruption

The purpose of this Memorandum of Understanding (MOU) is to facilitate the operation of fishing vessels owned or being within the association of [PARTY] in the Somali Exclusive Economic Zone (EEZ) to target tuna and tuna like species. 2. The objective of this MOU is to establish a lasting relationship…

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